ST HUGH'S PARENT TEACHER ASSOCIATION CHARITY NO. 1045500 TREASURY REPORT 2023-2024 FINANCIAL REPORT HEADLINES A full programme of events for the 23124 school year All the Majorelwerebark in theralendarawJEYe8erthlty kxtrc(rfthbutLY5 to the(harlty5fvnd GEneral rost Inctease53CJ0S5 the board a twrv&Air¥ W[Ah tffiCU xtha5wlthutO PH55w Irmased C{ of UnrfoTm to parems. fortxame. Total income of just under £55k during the year A dropof nearly £17k on rhe prevK)us rI24down1. £13 of whlth was frun the (we Ial$[n8 e4eTrts I ttsxe core e¥ent5 suffered theslmll¥r reductions In Irryne Ixmas FaliiltyNn th. knrner Falrthrt 37% arhj Ftrework¥ 27%1 Unlfrym SBks reduced by£2.3klll% rekntonwr wi Other income dropped to zero for the year No loryer reln8 ifKome from Amam, EasyFurKIrar £tC0Cenrty FurJ The PTAttrtlnues to lookta en8¥eth swtable rtrS w1 can ado101 Related fundraising costs of just under £53k for the same period A decrease of around £6.2k IILN red14) Increases sn ieneral costs have made a 8lant dert in the y¥fftlitydthe PYA's•tsgr Uniform Shop t05ts wntInu to irKrease 8lfICantIY and these hovenl bEem Pas on tr+the paMts. The trustees continue to undertake reviof the uni1M slKp pri$ Fdlcy. cost trc4 and arttcawd affordab511tyfor all parerts. Operating Costs (Website. Card Handling, Audit etc) of nearly £1,600 A s1i8hr redwtlon on the pr&lou5yeai Card H¥ndlln8 (har8e Rates weret. >ar In MIl£•t0 2012n3 Krtyjrrts Thè PTA uses Strlpe as It'5 paymtnt 8aiay ohthewebte wSumVpdthictS * ft's e•nts £33 k dCsh rffapts hindltdthwh StripE & knup durlry the1 lup by£lk oThwltyyw', Resulting in net c.£7.3k surplus for the year before Disbursments A decreaseth the pre¥+rsr ol c£8.4 k Disbursements totalling over £Sk were made in the year. Fundlsw l$cwrentty held ba( toalltyv v5 to luthj PlaY8rw EqulvtM and FilTract in 24n5 It(rtalliec.£20kl nd to ensuregjffioerrt currem assèts to gJPKK¥tthp UnffLvm stce InthÈ nearly £43k of net funds on the balance sheet Artual Bank balances held totsl jutt under£4S k. Iwjt there are selval re(tw*sEda5tyJtstshth ueditors in 23r24 These hwe Settled In the1llTrand1l}W.
ST HUGH'S PARENT TEACHER ASSOCIATION CHARITY NO. 1045500 TREASURY REPORT 2023-2024 INCOME & EXPENDITURE INCOME & EXPENDITURE STATEMENT 2022-2023 2021-2022 &J1$ SUMMARY Fundr1ry E¥ts 31 iY27Y 6.052 22$1 45,156 137ml 2U79 IY4.W)I 1455 1715 Z8.U45 18.067 2.366 Y42 5J26 IL7rn1 IlJ$91 125.0291 LrttwwlBryws8 1hErFwTr 1245 1,210 942 11,14Ql 1715 115781 1610) 71 16101 152161 14921 Il7391 14921 iing) rN5bursenw15 IU771 13.1611 TOTALS 4912 15YJ27) Maln Events FtrewJt15 CFrf4sfm75F• 112$9 4.710 9A17 ¢TrJ Iw 7.710 W70 IWII 141551 4$6 571 3,193 12.7$41 PJ95 14076 IxLoyoI 3M25 Chrfstmsm•rl.: 932 Uhlfonn Stom UntfoFm 1gJ75 79 lu IB7 (2$91 DIS5 332 470 21 Ye¥2 Ywr3 Ywr4 Ye•rS 391 391 525 $26 5Ji 16a51 Y•r6 P•rtle$ £hr4tmMPaity 1717 15A751 ILIBg1 L140 Othér Busln•u Inwm & Expend(• LOtt•ry (Lu•J IL137) PaipThtKlnd 11281 C4rd HindllryF•u V421 15$01 10> 141ffj i•) 155Ql 13BOI AOn5M Oth•rlnrv PrlorYt4tF 431 6aT 434 637 383 250 (63n 250 Ofhr Ger*81 (6 (211 Funo (3.TT41 (a.n41 B51 12.1851
ST HUGH'S PARENT TEACHER ASSOCIATION CHARrrY NO. 1045500 TREASURY REPORT 2023-2024 BALANCE SHEET FUNDING / BANK / DEBTORS Barclays Lottery Stripe Paypal Sumup Oebttys Creditors Petty Cash TOTAL FUNDS Openlng Balance 43393 2.615 257 17Crf) 19,0231 40.947 Strfpe Pald In Refunds Fee5 Transfer 28.S79 28.579 27,632 128321) 16891 Paypal Paid In Refunds Fees Transfer 1201 1201 Sumup Pald In Feès Transfer 4.612 1781 14,5341 4,612 1781 Bonus Ball Paid In Paid Out Transfer If3 11,3591 11.3591 Cash Pald In Debtors Iprforytsrl Debtors Credltors Iprforyearl Crédltors Pald Out 27,019 27,019 12,7001 1.350 9.173 13,2881 163.1101 117CQI 9,173 13,2881 163,1101 Closlng Balance 39,474 360 514 1,350 13.1381 43.¢)40 Bank Statements Difference 39.474 514 101 1.350 13.1381 43,040 Cash Movement 13,9241 1.245 258 10) IL3501 2,093 from Intome & Expent16ture Isurplusl 2A193 Reconclltstbn Diffferen Closln¥ Debtorsl Credttots be5n8 STA Strfpe Banksettlement (settled between 1st- 10th Sept 20241 514 new debtors DI Atorn Fireworks Deposit (Nov 241 L350 CaFrfed forward treditor5 Con5vltancy & Accounting HonoraTiUrn 22123 Operating Costs- WixTickets Monthly Costs Isep 20- Au8 211 Operating C05t5- Wixfickets Monthty Costs (Sep 21-Oct 211 Operating Costs- Wix Website Annual Costs Iort 21-Sep221 Operatin8 Costs- Wix Website Annual Costs Ioct 22-Sep231 C3 I2) 1331 11871 12161
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ST HUGH'S PARENT TEACHER ASSOCIATION- CHARITY NUM8ER- 1045500 I report on the accounts of the Trust for tt* year ended 31st August 2024. whith are Set out in pages numbered 1 to3. Respective responsibilities of Irusttts and examiner The chanty's trustees are sponsible for the preparatron of the Ounts. The chanty's trustees consKler that an audit is not required for this year under section 43121 of the Charities Act 2011 and that an independent examinalion is needed. It is my responsibility to: Examine the accounts {under section 43 of the Acti.. To follow the procedur8s laid down in the General Directn5 gNen by the Charty Commissioners (under SeCtn 43(7) of the Act).. and to state whether matters have to my attenkn.on is f inde ndent examine My examination was Carried out in accordanco wth the General Directions giv¢n by the Charity Commissioners. That examination includes a review of the attounting records kept by the chanty and a comparison of th& accounts with those records. It also includes considering any unusual items or disclosures in the ffinancial Statements and seeking explanab'ons from you as trustees conceming any such matters. The procedures undertaken do not Pfovide all the evidence that would be rUIred In an aart and rnft$equeny I do not exp$¥ an audit opinion on the view given by the a¢¢ounts. Inde ndent examinerfs statsm•nt In connection wrth my examinatson, no matter has c(Kn¢ to my attention: (1} Which gNes me reasonab18 cause to believe that in any Marial respoct the requiremerts (al to keep accounting records in accordance wth $41 of the Act. arKI {b) lo prepare finanaal statements which accord wtih the accountrng records and Comply wrth th requirements ol the Act and the Regulation$ have not been met: or {2} To which, in my cs)inion, attentson shoukl be dTawn to enable a proF¢r understanding of the accounts to be rnached John Wood - Chartered Accountsnt. 29th May 2025